hoisty, yes,cash is king in this type of environment and they will find themselves a bit short if things tighten up much more. I'm not sure where you got your info from re low cost producer. From what I understand, with continued weakness in zinc price, their margins are very tight. This stock has fallen from above $6 , A fall of this magnitude does not happen for no reason. We all thought it was a bargain when the sp fell below $1 and yet it appears to be heading for the mid 20's. I'll be happy if it can keep afloat long enough to enjoy a run northwards if and when the commodity markets improve.
KZL Price at posting:
24.9¢ Sentiment: None Disclosure: Held